The Sunday Oregonian., May 21, 1911, SECTION FOUR, Page 9, Image 57

TIIE SUNDAY OREGOXIA TOKTLAXD. 3 LAY 21. 1911.
9
ACREAGE TRACTS
ATTRACT BUYERS
Movement Active in Moun
Hood, Firwood and Sandy
Districts.
NEW ORCHARDS STARTED
Soil and fllniat Said to Rt Admir
ably Adapted for Caltarw of "Trail.
Portland Residents Are Among
Prominent In restore.
That there will be a considerable
jnorement In serrate property on the
Mount Ilnni wagon road la tha opinion
of those who ara familiar with eondl
Urns. Largo farms hare baan aubdlvld
a4 In many places, especially In
Ftrwocd and Chrrrywnod dlstrlrta
Just how many acres hava been aold
Bi tha Ftrwnnd and Bandy districts I
svt known, but It la estimated that 1,000
acres have passed Into the handa of
nan. who want tha land for fruit rais
in, and who bllTe that tha Western
(tnon Mount flood district la destined
to rival llnod Klvar In tha couri
t !m. Thara haa not yat been enough
development mada In tha Sandy Valley
to taat tha real productive charactar of
tha rllmata and soil, but a number of
naw orrhartls hava been atartad on ao ma
acraa of tha land sold, and aotna of
thaaa will yield this yrar. Thoaa which
hare yielded produra fruit which haa a
Una rolor. Soil and cllmata ara pro
nounced by experts to ba Ideal fur fruit
aTowtna.
Trees that may ba aran from tha
Mount Hood wa-n road ara thrifty. E
O. AiUna. of tha Mount Hood Land
Company, who la an azpart. believes
thai tha territory In th Sandy Valley
la deatlned to become ona of the moat
famous In the country for fruit stow
In and potnta to tha altltuda. soil and
rhmatlc conditions to back ttp his con'
tentlun-
Trtu-ta to IW Platted.
Vlnrent 8-hmldt left tha ttrat of tha
week for the Mount Hood dlatrlct. near
tha Milntyra place, on tha Mount Hood
wor road, where ha and T. H. Card
ner hava purchased tha so-acra farm
of r. K Ware, which Ilea directly on tha
9an!y River. The land extends up and
down tha Sandy Rtver. and takea' In tha
water rtctita of tha stream. Schmidt
and (Sanlnrr hava aacured optlona on
about 34 acres of land In tha Immediate
vl'fnlty. and will thua hava In thalr
control about toa acrea of land tributary
to and near tha Mount Hood waaon
rnad. Mr. 8-hm1dt mn kl before ha atartad
that It waa tha Intention to plat tha
VYare farm Into flva and ten-acra tract,
moatly tha latter, and pls.e I ham on tha
market.
"There la demand for thla class of
property." aald Mr. Schmidt. "especially
In tha Western Oregon Mount Hood
dlatrlct. Tha Mount Hood wagon road
haa been greatly Improved, and work
la at 111 In progress. Tha bridge acroaa
Alder Creek la being replaced with a
new atrtfi-ture. which will greatly Im
prove tnta particular aectlon of tha road.
I aea no re aeon why thla section cannot
be made a great fruit arowera' district.
The soil la good. Tha cllmata Is favor
able. Thara la plenty of pure water for
all purposes, thir tract of 14 acraa la
well watered.
Ve hava secured an option on about
lie acraa of land mora In thla sama
neighborhood. Alt this land la near tha
routs of tha propoeed Mount Hood rail
road, which la almost aura to ba ex
tended to tha baaa of Mount Hood In tha
course of time, and then all this land
will have a great value, (nit there Is
ths chance for tha newcomers to got
good land for a home."
, Sandy Valley Productive.
On account of poor roads tha Sandy
Valley haa not been settfrd aa It prob
ablv will, now that tha Mount Hood
road and other roada traversing It have
been greatly Improved. The two ren
ters are Sandy and Boring. About Hor.
Ing la a vaat area of undeveloped tracts,
farms which have been divided up and
which are being disposed of In tracta
ranging from flva to ro acraa Handy
Is the renter of a splendid district,
adapted for both fruit growing and
dairying. Moth Boring and Sandy have
been especially active since construc
tion was started on tha Mount Hood
Railroad, aa much of tha materials for
tha power plant on tha Sandy are
shipped by wav of Horlng and Sandy.
At shandy a well organised and officered
commercial club haa undertaken to
boost that dlatrlct and get Its share of
new-comera It also has a fruit grow
ers' asoclattnn.
There are fine farms and orchards In
sight of Sandy. Firwood. I'hrrryvllle
and Dover and other centera east of
Sandy on the Mount Hood wagon road,
surrounded by a district of great fer
tility of all. and already considerable
acreages have been planted to com
mercial orchards, and within a few
yeara thla aectlon will be yielding a
large share of tha fruit raised In Dra
gon. The elevation of tha section I
from lHs to IS' feet above the level
of the sea Red apples of fine rolor
grow near Firwood and Cherryvllle.
. Summer Home Bo tit.
Many Portland people hare bought
email tracts along the Mount Hood
wagon road, and built Summer homes.
Beyond Sandy on the bluff overlooking
the Sandy Rtver and valley, aeveral
Summer homea have been built by Port
land men. Architect otto . Kteemann
among them. A splendid view of Mount
Hood Is had from this stretch of tha
Mount Hood wagon and automobile '
road. This yesr Ihousanda who have
been over the road to Mount Hood will
go again and those who have not gone
will make the trip. There are many
- Even well up toward Mount Hood are a
found well-built homes, thst of the a
"Murphy family." near the Welch Head. f
being one of the moat attractive. The
Sharon tract. near SanHv and on tha V
elevated ground, la owned by Portland I I
men. yuue a number 01 rortiand men I a
hava bought email tracta In the Sharon f f
tract, and seversi hsve Summer homes. I v
Pr. Wll'lam IeVeny ha a cedar log
house, which he calls tha "Scouts Re- I
sort." and Wllllsra Winters, of Port- J
land, haa a Summer home near Zlgsag a
River, which for picturesque beauty
cannot be excelled.
Acreage Land line Investment.
"There was a time when a man could I
make a aafer and more profitable In- I
vestment than acreaare lands In Mult. I s
nomah County." aald Lr. Alfred John
eon, a resident of oresham. Mr. Thomp
son has studied acresgs conditions In
his neighborhood and ths surroundings,
and la convinced that If a man want
to make money la realty Inveatmant
krriua lra.-t. nlTf the heat akiiap.
t unity.
"We aold a Portland man a !0-acre
tract en the bluff overlooking the San
dy River for hla summer home for SIS
aa acre." said Mr. Johnson. The Isnd
la aioimprovsd. but U laja finals. Soma
TWO PICTURES FROM ALOITG MOUNT HOOD ROAD.
MCMK. roJNT HOOD . f V ; jivl
r . - irf'.ipi
I ' '"" " B
I!- v- 1 - . r ;-' T - :r' til4
a . i 3
BIG GROW
T
Loan Societi.es Show Progress
,. of Real Sort.
(PROSPERITY IS AT, FLOOD
the Improved land has sold at l-59
SiV. but these prices are exception
of th,
an
t The price fur unimproved land
ranges from 1150 upward according to
location, of couree.
"The demand la for small tracts rsng-
ng from flvs to 10 acrea and tracts of
these sixes are 'sellingr resdlly. The
purchaaerV however, are not the new
comers, but men from Portland and th
county.'
New Land Company Incorporated.
KLAMATH FALLS. Or. May 10
(Special. Articles of Incorporation
for tha Klamath Tula Land Company
have been prepared and will be Imme-
lately forwarded to the Secretary of
State for approval. The Incorporators
re Abel Ady. Michael Motschenbacher
nd t. I! leLap. The capitalisation
1500.000 with a par value of $10
per share. Ths object of this com
pany la to reclaim and Irrigate aome
(.000 acres of tule land lying on the
Lower Klamath Lake and while but
three men are named In. the official
papers these represent a doxen or more
wners of this large overflowed hold-
nga. The land la among that recently
ordered released by the reclamation
service In th Klamath project. The
wners Intend to commence a system
dyking and drainage for the recla
mation of tbelr landa and once re-
lalmed will secure power to pomp
water for Irrigating It. The land will
a bonded for funda to do the work.
New I.aundr-y IlulUIIng Planned.
Plana have been drawn for a new
aundry building on the southeast cor
ner of F.aet Twenty-ninth and Kant
Waehlngton streets for J. C. Roberta
It will be a plain frame structure, 40
by 00 feel, wllh trussed roof and ce
ment floor. The building has been
leased by a laundryman for ten yesrs.
The tenant will equip the building with
modern appllancea
COLLEGE HE TO RISE
COLUMBIA UNIVERSITY TO GHT
175,000 BUILDING. .
Eirurture of Three and One-Half
Slorle AVI II Tic Started
. - Campus on July 1.
on
A three and a half-story brick build
ing, costing between 160.000 and 176.
000. will be erected en the campus of
Columbia University, and work will
start July 1. Jt will have 11 rooms for
students, and will be the residence hall
of the college. The present building
haa been overcrowded for aome time.
nd at the recent visit of Rev. Andrew
Morrlssey. C. 8; C, prorlnolal of th
Holy Cross Congregation, he completed
arrangement for the erection of the
building. Construction will be started
by July 1. ao the building can be com
pleted by the opening of the school In
September.
The new building will be placed north
and allghtly east of the present college,
overlooking the river and Portland. A
general plan has been adopted far the
campus on which future buildings will
be erected, and. according to the plan.
a group of college buildings will final
ly ba erected, making Columbia I r. Iver-
iaity the Notre Dame of tha West.
DTOiniT c nariea, v . o. v., wiiw iiiti
from Nctre Dame. Ind.. last week, will
overs -e the erection of the building..
Rev. Morrlssey, on his recent visit.
expressed his satisfaction over the
growth of Columbia University, and
predicted a steady growth lor me lu-
ture. Erection of the first modem
buiMing is the beginning of the group
to be built as demand for space calls.
The Institution is under the supenrl'
slon of the Congregation of the Holy
Cross, which acquired1 control In 1902
Kev. Father Quintan. C. 8. C, was the
first president, and he was succeeded
by Key. Joseph Gallagher, C. & C. the
present head of the Institution. The
college hss outgrown Its present quar
tern. Dr. Morrlssey, provincial, has said
on his visits to Portland that the insti
tutln will be mud a the second Notre
Dame college, owing to Portland's cora-
mandlr. g place on the Pacific (.oast.
Two New Buildings for Albany.
Two first-class buildings are about to
be erected in Albany, Beezer Brothers,
Seattle architects, having been engaged
to draw the plana The Flrsta Savings
Bank of Albany will erect a two-story
building to cost 115,000, and S. C. Young
A Son will build a new department
store structure, two stories high, which
will cost $35,000. Construction Is to
start In the near future and the build
ings will be completed by Fall.
XXacada Tract Subdivided. '
A 720-acre tract on the Estacada
Electric Railway, owned by J. W.
Roots, has been subdivided. The land
lies In a promising fruitgrowing dls
trlct. It Is near Boring,, where the
heavy growth of timber has largely
disappeared, and where many of the
farms are being subdivided for fruit
raising. Prices in this tract will range
from 1171 to 1215 per acre, and will be
sold on easy terms.
Taroms Octogenarian Dead.
TACOMA. Wash., Msy . Phineae
Foster, aged 80. a resident of Tacoma.
for 33 years, died today. He was a
charter member of Custer Post, Grand
Army Republic, and past-commander of
the Washington Commandery of the
Loyal Legion of which he was also
charter member. The funeral will be
held Sunday afternoon.
HORSEPOWER SUPERSEDED BY STEAM FOR REMOVAL OF HOUSES.
v - - JI -
rr ri- V
I hi Li--
-4k 1
: -
IT . .' - inn -
f .. - .. . a" f .
I Home Buyers and Builders Aided,
Coat of Mortgages Being- Kept at
lowest Possible Flgtirs by
Various Companies.
According to th statistics of the
various state banking departments, the
assets of the building and loan associ
ations of the country have increased
in ths cast . year almost $54,000,000.
The Increase haa been steady and Is at.
trlbuted to the fact that in the past
year the savings of wage-earners lor-
merly deposited in savings banks are
being put Into real estate and provis
ion la being made through the bulld-
tnar associations for the erection of
future homes.
The attraction that these Institutions
offer to the wage-earners Is that money
can be readily, deposited In small
amonnta aa some of the associations
accept deposits In as small an amount
as 11. Many of them provide a class
of deposits which do not cotnpel regu
lar cayments and still adhere to tha
nlsn of neralstent saving.
. Naturally, the stock which la paid for
at Irregular intervals draws a lesser
rate of dividend than the one In which
regular payments are compulsory.
Tha vast malorltv of these assoola
tlons have been paying a dividend of 5
ner cent, for many years, and It does
not seem probable that they will re
duce this rata In tha future. In no
other class of savings institutions can
money be deposited as easily as in
savings and loan associations. A mem
ber may send his Deposit by cneca or
nos'toirice order, made payable to the
association, and It Is credited to his ac
count. Most of the associations pro
vlda that the money begins to earn
dividends practically from the date of
the deposit, although some still insist
on the old plan.
The man of moderate means has
much difficulty in finding a profitable
field hi which to place his money. The
glittering schemes' that are explained
to him by promoters may appeal to his
avarice and the desire to get ricn quick
may cloud his Judgment, but the
chances ara that he loses 11 all In his
desire to get more than his money can
earn.
The savings and loan association 01-
fere an opportunity for sare ana con
eervative Investment, its dividend re
tarns are at least S per cent, which is
greater than any other good Invest
ment can give. Its security is certain.
as It Is founded on first mortgages on
real estate which have been thorough
ly Investigated by competent apprais-era
The small amount by which member
ship may be secured is the attraction
that makes them - popular savings
banks. An account can be atarted in
a savings and loan association with as
lltt'e as $2 a month, and the same
amount can be added to month by
month. Every wage earner, no mat
ter how small his wages are, can, with
some deprivation, save 1 a month.
Tha cost of procuring a mortgage is
always an item which the borrower
must consider when he applies for a
loan. To the speculator and real estate
operator this Is an expense which is
considered when he Is planning' the
operation, and when the property is
sold the purchaser pays for It.
The small horn owner who wants a
mortgage on his property must always
consider what the Initial cost Is.
Savings and loan associations have
recognised the difficulties that the
small borrower contends with, and
preferably considers an application for
loan of 1500 or tiooo; the board of
directors considers the cost to the
borrower of prime importance, using
every effort to reduce the expense.
Borne associations even go as far as to
put in the contract with their attor
neys that the fees must be one-half the
customary charge.
For these reasons the savings and
loan associations of the United States,
at their annual convention, unanimous
ly Indorsed the Torrens system of land
registration, as they eaw in that an
opportunity by which they could es
cape the continuous expense that the
borrower must be put to when he asks
for a new loan. The man with- the
money does not care to take any
chances in the examination of a title,
but always Insists that his personal
attorney must vouch for the security,
many institution even refusing to ac
cept an assignment oi a mortgage, no
matter what guarantee may accom
pany the search.
Few if any of the local savings and
loan associations will even consider an
application for a loan for more than
$5000. The average loan made by
savings and loan association Is less
than 11800. It can be seen by these
figures that many loans of $1000 and
less must be made to bring down the
average.
One savings and loan association has
more than half its assets Invested in
mortgages of less than $1500. and on
its books there is only one mortgage of
over, lauuu. this is the class of se
curlty that best serves the purpose for
which savings and loan associations
were organized.
An equity of $500 on a $1500 loan Is
more for the home owner to lose than
a $2000 equity In a $10,000 loan, as the
5uo tnat the small home owner has
nazaraea is tne investment which ren
resents his alL What he pays monthly
umy appears 10 mm as rent which he
must pay. in tne case of his own home,
he is his own landlord and reaps the
benefit that would accrue if h naid
cm m iuuis one else.
. t
My Business Is Wholesaling
Plumbing and Steam Supplies
Sample Boom
Centrally
Located,
84-86 Front St.
ML
KLINE
Phones:"
Main 517,
A 2517.- '
NOW LISTEN
I sold v over 11,000 "Faultless
Toilet Combinations" in the past
three years, with practically so
claims for defects. It's impossible
to beat this record, doesn't matter
what -ou pay for the Closet.
v -Now, then, the Quality being as
sured, there is another good reason
why the "Faultless Toilet Com
bination" is so popular; it's be
cause the' price is so reasonable;
they cost very little more than
those cheap, noisj' kinds. Doesn't
cost any more for the installation;
there you are, a good job, no fur
ther trouble
Kettinsr the
you are
How to know
"Faultless."
The Tank has a Glass Ball and Float.
The Seat is marked "Bull Dog."
The Bowl "Vitreous." f
Insist on your Plumber installing this
Toilet, and your plumbing bills for toilet
repairs will be the minimum.
Call- at my sample room and inspect
these Toilets under water pressure, and
in all kinds of beautiful wood finishes.
toratlon of these streets. Another
unconfirmed rumor says that the
Reed College is looking for another lo
cation, and will not build east of -East-moreland,
those in authority declaring
that the grounds are too circumscribed
for the future requirements of the
school. The association Is looking these
matters up and expects its committees
ill report their findings on Monday
evening.
Thousands of citizens are becoming
exasperated over the question of the
non-improvement of East 26th street
between Division and Holgate streets,
the people wondering how it can be
possible this thing can be frustrated for
ten years 'by less than a dozen property-owners.
The street railway com
pany cannot double its track until this
street is broadened, and the broad terri
tory stretching all the way to Wood
stock is up in arms against the obstruc
tionists. This matter will also have
attention on Monday evening.
IPttUburj ni".2..w.7S 1.230.6011
Portland l.sltJ.fMO I. 014. 777 -
. Rochester .......... l,07ti,f..": 3,4:ut.l47
Salt Lake City 4in.4iio :l.v.4.-.
.St. Lou is 1,74.21 2,i'JH.sr '
San Antonio . KVf.L'll t'.s.l.lMS
San Francisco. . 2.1:'..;'.il 3.3s:t.-t;u
Scranton 14:t.4s2 Utti.L'lt.C
Seattle ............. , toj.iMMt 1,:?s:).ih.V
Spokane 4ns.ini 7:.1t!:
Tacoma ............ l:.7.st;t) i:l..14,
Toledo 44'!.2S2 C7,417
Worcester 71D.1W5 f!44.!tH;;
Total sr.!in:i.iss $77,;iu,0i
BUILDING LESS IN APRIL
DECLINE ALL OVER COUXTRT
SHOWS BY STATISTICS.
J. T. Hoblltt Honored by Sllvcrton.1
SILVERTON, Or., May 20. Special.)
At a special meeting of the City Coun-'
cil held Wednesday evening, J. T. Hob-i
lltt was selected Recorder and Clerk of
the City of Sllverton to till the vacancy'
caused by the resignation of C. S. Bris-'
tol, who found it impossible to fill the'
position, owing to other business en
gagements. Mr. Hoblltt is foreman oCj
tie mechanical department of the Sil-.
verton Appeal.
Falling Off Small in Portland, and
Total for First Four Months
of Year Shows Gain. .
TR.tCTIOS r.IMC rSF.O TO HOVE HELL HOI HR PROM TWELFTH AND COLUMBIA TO SIXTH AND
HU-lTUUSCHt.
Even the ancient and honorable profession of the housemover has yielded to the march of progress.
Instead of transferring houses laboriously by means of a winch operated by horsepower, the modern
houtwniover has a trait Ion rnalne which he hitches to the house to be moved, and away they go. The
Illustration shows the old John A. Bell home being moved from the northesst corner of Twelfth and Col
umbia, wherolt stood for many years, to a new location at Sixth and Montgomery. Mr. Bel) sold the prop
erty some time aao to Henry Roberts. who is preparing to build a four-story apartment-house on the
site.
KEXILWORTH BODY GETS BCSY
Improvement Association Has Many
Problems to Solve..
The Kenilworth Improvement Asso
ciation will hold a special meeting In
the Kenilworth Presbyterian Church on
Monday evening. May 21, at which time
a speaksr, sent out by the Commercial
Club, will address the people on the
subject of the Initiative measures to be
voted on . at the election two weeks
later. The entire community, irrespec
tive of club membership, is urged to be
present. Other speakers will also have
something to say on matters relating
to the, Interests of the community.
There is a persistent rumor In the
neighborhood that the Portland Rall-
ty. Light & Power Company has de-
cfded to change the location of its new
shops from its property south of Pow
ell and east of East Twenty-sixth street
to a tract of ground It owns lying be
tween the Southern Pacific car shops
and Mllwaukie street. It was through
the Influence of the Kenilworth Im
provement Association that the com
pany secured the vacation of the streets
cutting through the Powell-street prop
erty, and lr tne change is to ne maae
tha association will demand tha res-J
Uncertainty In National politics and
anticipated labor troubles in the large
building centers are reasons given for
the general decline in the statistics of
the building record for the month of
April. Official reports made to the
American Contractor, Chicago, show
an aggregate, decrease for the month
of about 17 per cent, as compared with
the same month of the previous year.
Most of the cities reporting show
loss of from 6 to 76 per cent and
among them Is included nearly all of
the cities of the Pacific Coast-
While Portland suffered a loss for
the month amounting to about 10 per
cent compared with the figures for
April last year, -the total for the first
four months of this year shows a gain
of 14 per cent over the corresponding
period of 1910.
New York showed a loss over tne
previous year of about 25 per cent;
Philadelphia, 26; St. Louis, 25; Balti
more, 36. The following Important
gains are recorded: Dallas, Texas, 188
per cent; Manchester, 112: . Worcester,
108; Knoxville, 92i; Little Rock, 81; De
troit. 70: Toledo. 67; Salt Lake City, 39.
Los Angeles, Oakland, San Francisco,
Seattle, Spokane and Tacoma all showed
a decrease for the month. Salt Lake
City showed a slight gain.
Particulars are found in the follow
ing table:
City. Anrll. 1911. April. 1910.
Atlanta xr.2
.... 11
Baltimore
Birmingham ...
Buffalo .......
Chattanooga . .
Chicago
Cincinnati
Cleveland
Dallas
lenver ........
Dei Moines.. ...
Detroit
Grand Rapids...
Hartford
Indianapolis ...
Kansas City....
Knoxville ......
Little Rock....
Los Angeles....
Louisville .....
Manchester ....
Memphis ......
Milwaukee
Newark .......
New Haven.....
New Orleans...
Manhattan ...
Brooklyn ....
Bronx
New York......
Oakland
Oaklahoma City
Omaha ........
Paterson .......
Philadelphia ...
197. 6o
918.000
4S.H47
. g.nsi.ioo
. o,7:iO
. 1.4tiO.MS
. Ll58.2-.-n
77.930
. 1, 980,115
isi.i:i7
8-J.1.8M
63D.580
. 1.073,514
a5.3t.1i
223.6KS
. 1.613.4SS
3:'9.945
.-..11S
, l,80l.97
7R8.K75
3l.".63
2S3.3.VJ
. 14.1H5.197
3.379.1.15
1.78T.33
19,341, 82
6S4.519
451.2(15
6X3.2U3
22S.938 ,
3.840.S2U
t 1.111.177
307,428
875.0(10
77.HRI
7.837.200
1.170, SS5
1,711, 1B5
401.565
1.184.500
151,05')
1, 134.7110
213.802
572,943
721.91S
1.823.830
JS.410
123.102
3.360,577
296,559
180,003
349,907
920.404
1,828.419
703.608
408.068
13,891.311
4.3O0.1O0
5.637.323
25,828,738
1.621. 423
4ISI.SS3
583,005
219.121
4,589,300 I
When it Comes
to Furnishing
the Home
THE LIGHTING FIXTURES
AND THE TILE FIRE
PLACES play the most impor
tant part.
Let us offer suggestions.
Our knowledge is at your
command.
Electrical work -in all its
branches.
Tiling work in all it5
branches. :
The M. J. Walsh Co.
311 Stark, Twixt 5th and 6th.
Use Any Phone.
.IliltHHIH-
1L'
F
r:jfc,: .,...$. i
We are selling this beautiful bungalow below cost on account of the
owner leaving the city. The property is 75x100, and 7 rooms, located 546
East 21t St. Price $6500. This Is one of the prettiest places in Irvinglon.
MALL & VON BORSTEL
104 8ECOXD STREET.
TLIMBKR EXCHANGE BLDG,